Medical polymers are chemical compounds either single or mixture formed with the polymerization reaction. These materials are primarily used for the manufacturing of medical implants, devices, disposables, and packaging. Medical polymers are biocompatible in nature and either remain inert or are easily processed by the human body.
The medical polymers market is highly regulated and the landscape facilitates growth opportunities for the manufacturers. Government regulations play a major role in the development of medical polymer market. The initiatives taken by the government facilitates the growth of the medical polymer market. In the recent years, wide variety of medical polymers have been approved in the U.S. (FDA approval), Europe (CE mark approval), and few parts of Asia as well (MHLW approval). Medical polymers require a pre-market approval and are classified under class I (includes surgical instruments), class II (includes medical instruments), class III (includes implants), and class IV (includes pacemakers) devices. Regulatory agencies are highly concerned about the safety and efficacy of all classes and take their screening procedures at length. The stringency of these procedures therefore not only delays the launch of a device that can be highly beneficial, but also increases the expenses incurred by the manufacturers to meet the regulatory policies proposed by agencies such as the FDA and CE.
Medical polymers are classified broadly into resins, elastomers, and biodegradable plastics. Key resins that are widely utilized include polyvinyl chloride (PVC), polypropylene (PP), polyethylene (PE), polystyrene (PS), polycarbonate (PC), polyetheretherketones (PEEK), hydrogel (acrylate), acrylonitrile butadiene styrene (ABS), polymethyl methacrylate (PMMA), and polyethylene terephthalate (PET). Major elastomers employed in the medical industry include styrenic block copolymer (SBC), rubber latex thermoplastics polyurethane (TPU), and thermoplastics olefins (TPO). Frequently used biodegradable plastics include polylactic acid (PLA) and polyglycolic acid (PGA).
The market for medical polymers market is largely fragmented and comprises major industry participants such as Arkema SA, BASF SE, Covestro AG, DSM N.V., Eastman Chemical Company, Evonik Industries AG, and Solvay S.A. The market dominance of these companies is characterized by their vast product portfolio for medical polymers, high investment in R&D, and strong distribution network.
Major players operating in this market and profiled in this report include
KEY MARKET BENEFITS:
KEY MARKET SEGMENT:
The Medical Polymer Market is segmented as below:
Other major players in the industry includes
*Profiles of these players are not included. The same will be included on request
The Global High-Performance Insulation Materials Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the High-Performance Insulation Materials industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description ...
November 2017 | $2800 |View Details>>
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet ...
November 2017 | $3800 |View Details>>
This report studies High-Performance Insulation Materials in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2017, and forecast to 2021. This report focuses on top manufacturers in global market, with production, price, revenue ...
November 2017 | $3400 |View Details>>
The China High-Performance Insulation Materials Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the High-Performance Insulation Materials industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description ...
November 2017 | $3100 |View Details>>
UPCOMING MARKET RESEARCH REPORTS
2017 © Copyright Big Market Research